Electronic Funds Transfer (EFT)
UK > UK excluding London
The table below looks at the prevalence of the term EFT in contract job vacancies advertised in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited EFT over the 6 months to 12 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 12 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 450 | 506 |
| Rank change year-on-year | - | +56 | -79 |
| Contract jobs citing EFT | 0 | 3 | 1 |
| As % of all contract jobs advertised in the UK excluding London | - | 0.013% | 0.003% |
| As % of the Miscellaneous category | - | 0.039% | 0.010% |
| Number of daily rates quoted | 0 | 2 | 1 |
| 10th Percentile | - | £516 | - |
| 25th Percentile | - | £522 | £325 |
| Median daily rate (50th Percentile) | - | £538 | £350 |
| Median % change year-on-year | - | +53.57% | - |
| 75th Percentile | - | £547 | £375 |
| 90th Percentile | - | £549 | - |
| UK median daily rate | £850 | £538 | £538 |
| % change year-on-year | +58.14% | - | +2.38% |
All Generic Skills
UK excluding London
EFT is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the UK excluding London with a requirement for generic IT skills.
| Contract vacancies with a requirement for generic IT skills | 5,962 | 7,616 | 9,688 |
| As % of all contract IT jobs advertised in the UK excluding London | 29.10% | 32.41% | 31.83% |
| Number of daily rates quoted | 3,580 | 5,127 | 6,719 |
| 10th Percentile | £208 | £220 | £205 |
| 25th Percentile | £375 | £388 | £363 |
| Median daily rate (50th Percentile) | £500 | £500 | £475 |
| Median % change year-on-year | - | +5.26% | +10.79% |
| 75th Percentile | £595 | £613 | £575 |
| 90th Percentile | £688 | £700 | £673 |
| UK median daily rate | £540 | £550 | £550 |
| % change year-on-year | -1.82% | - | +10.00% |
| Number of hourly rates quoted | 723 | 428 | 460 |
| 10th Percentile | £12.15 | £9.80 | £12.36 |
| 25th Percentile | £14.06 | £10.63 | £15.62 |
| Median hourly rate | £28.50 | £21.88 | £21.00 |
| Median % change year-on-year | +30.29% | +4.17% | -12.50% |
| 75th Percentile | £61.30 | £64.50 | £46.54 |
| 90th Percentile | £70.00 | £74.30 | £61.57 |
| UK median hourly rate | £31.25 | £22.49 | £27.50 |
| % change year-on-year | +38.98% | -18.24% | +3.19% |
EFT
Job Vacancy Trend in the UK excluding London
Job postings citing EFT as a proportion of all IT jobs advertised in the UK excluding London.
EFT
Contractor Daily Rate Trend in the UK excluding London
3-month moving average daily rate quoted in jobs citing EFT in the UK excluding London.
EFT
Contractor Hourly Rate Trend in the UK excluding London
3-month moving average hourly rates quoted in jobs citing EFT in the UK excluding London.